FDIC Certificate #: 26015 Status: Inactive Closing history: Office Sold Acquiring institution:Woori America Bank (#24920) Federal Reserve ID: 1016062 Date Established: April 15, 1980 WWW:http://www.sccb.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 32295 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: March 11, 1985 Last Structure Change Effective Date: December 05, 2005 Last Structure Change Process Date: January 18, 2006 Last Data Update: January 18, 2006 Data Source Date: April 05, 2012
Location
Address: 19752 Mac Arthur Boulevard, Irvine, CA 92715 County: Orange Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Orange Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Orange County, CA (#5945) Consolidated Metropolitan Statistical Area (CMSA): Los Angeles-Riverside-Orange County, CA (#49) Combined Statistical Area (CSA): Los Angeles-Long Beach-Riverside, CA (#348) Core Based Statistical Area (CBSA): Los Angeles-Long Beach-Santa Ana, CA (#31100) CBSA Metro Statistical Area: Los Angeles-Long Beach-Santa Ana, CA (#31100) Core Based Statistical Division: Santa Ana-Anaheim-Irvine, CA (#42044)
History of Changes
Merger - Without Assistance
Office Sold
Financial Summary
Total assets: $164.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2004)
Dollar figures in thousands
33Total employees (full-time equivalent)
$146,513Total assets
$13,065Cash and due from depository institutions
$11,781Interest-bearing balances
$4,528Securities
$7,000Federal funds sold & reverse repurchase agreements
$119,521Net loans & leases
$1,183Loan loss allowance
$0Trading account assets
$1,774Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$625All other assets
$146,513Total liabilities and capital
$130,005Total liabilities
$129,538Total deposits
$127,992Interest-bearing deposits
$129,538Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$467All other liabilities
$16,508Total equity capital
$16,508Total bank equity capital
$16,508Perpetual preferred stock
$0Common stock
$850Surplus
$1,378Undivided profits
Memoranda
$14,280Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$481Average Assets, year-to-date
$142,830Average Assets, quarterly
$919Volatile liabilities
$142,887Insider loans
$146,010FHLB advances
$36,859Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$369Restructured Loans and leases
$1,183Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$10,092Total interest income
$3,772Total interest expense
$6,320Net interest income
-$55Provision for loan and lease losses
$3Total noninterest income
$0Fiduciary activities
$2Service charges on deposit accounts
$0Trading account gains & fees
$1Additional noninterest income
$3,364Total noninterest expense
$2,439Salaries and employee benefits
$282Premises and equipment expense
$643Additional noninterest expense
$3,014Pre-tax net operating income
$0Securities gains (losses)
$106Applicable income taxes
$2,908Income before extraordinary items
$0Extraordinary gains - net
$2,908Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$27Sale, conversion, retirement of capital stock, net
$2,018Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.27%Yield on earning assets
2.72%Cost of funding earning assets
4.55%Net interest margin
0.00%Noninterest income to earning assets
2.42%Noninterest expense to earning assets
2.04%Net operating income to assets
2.04%Return on assets (ROA)
2.11%Pretax return on assets
18.14%Return on equity (ROE)
5.55%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
203.70%Credit loss provision to net charge-offs
0.00%Efficiency ratio
53,203Assets per employee
4.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
69.39%Loss allowance to loans
0.98%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
92.27%Net loans and leases to core deposits
128.96%Equity capital to assets
11.27%Core capital (leverage) ratio
11.24%Tier 1 risk-based capital ratio
13.07%Total risk-based capital ratio
Memoranda
$14Average assets
$142,887Average earning assets
$16,033Average equity
$138,870Average loans
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